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and speaker john boehner drawing different lines in the sand. will they break the stalemate? and if they don't -- that's coming up. >> greta: late today, david petraeus abruptly resigning after admitting to an extra-marital affair with his biographer. that's bad. but it gets worse. the resignation just days before general petraeus was set to testify at congressional hearings. coincidence? >> good evening, how are you? >> greta: i'm very well. congress pan, the affair, i mean, for the most part, i am trying to separate this out. it is a matter for general petraeus and his wife. but there is -- there is some parts of it that do have an implication. one is whether or not it's a security breach and that it should have been picked up and turned over to the house intel commits and whether or not that could be used as blackmail against him. your thought, sir? >> well, even someone as lowly as an assistant u.s. attorney has to undergo a background check with very invasive questions and you are expected to tell the truth and you are asked under penalty of perjury. so you can increase that expoinentia
'am. >> greta: straight ahead, president obama versus the speaker of the house, john boehner, digging in their heels on avoiding the fiscal cliff. time is running out. the latest is next. another bush family member is getting ready to run for political office. which one is it? start guessing. that's coming up. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> well, it didn't take long, talk of compromise, post postelection, turning into stalemate. john boehner and barack obama not budging as we rapidly approach the fiscal cliff. >> 2013 should be the year we begin to solve our debt through tax reform and entitlement reform. i a
the time we have. greta's next. >> greta: tonight, speaker of the house, john boehner reaches out to president obama. what does president obama do? he makes travel plans to leave the country. go figure am meanwhile, we are dangerously close to the edge of the fiscal cliff. >> folks, what is going to happen in the next four years fobama is true to form, that's the problem here. the mechanism for recovery is isn't going to be there. >> raising taxes on small business people is the wrong prescription, given where our economy is. >> is it on the table to talk about it -- the wealthier americans -- >> i made it clear yesterday, raising tax rates is unacceptable and it couldn't even pass the house. >> i would like a real republican party to am come back because the democrats need to have their feet held to the fire, also. but you need to have -- [overlapping dialogue] >> you can't have crazies running a party. on both sides. >> by the way, california is where we are head audio california is almost, folks, a microcosm of where the country is headed. >> i mean if they are balkanized out t
to pall and all john boehner, every year the republicans have been in the majority in the house in this administration, the house has passed a budget -- both times. the senate -- the majority leader won't even bring it up. and the republicans bring up obama's budget to -- as an amendment to force the democrats' hand. but if the president leads, i happen to believe the president must be telling the democrat leader, don't do it. if the president starts telling him now, we are going to try to really get something done, i assume the democratic leader will do what the president says. >> caller: i am not here to defend why the president didn't do t. all of these budgets twould have been so simple. he's the leader of the party. if the holdup is harry reid, a democrat, couldn't he just call senator harry reid and say, let's get a budget and do it now. we hear now that he is telling governor christie's going to answer the phone in 15 minutes, we can't get a budget in 3 years. >> have you a very good point. maybe it's like mr. medvedev, now that the election's over, maybe he will take a d
't been willing to do that. we will see. i thought john boehner said it right, we are inviting you to lead. >> greta: the thing that cannot be ignored is that we are a year past, when we knew the committee or limp a year -- almost a year past. and if leadership is what was needed and if you sign that to president obama, he hasn't done that. we are pushed up a -- against a deadline with very serious decisions. do you think the house and the senate and the president will resolve this by january 1? or are they going to kick it down the road again? >> congress has a long history of preferring to kick the can down the road. there is no question about that. however, this is a much more serious thing that they have come up against than i have ever seen before, in terms of the budget and then the fiscal cliff. what do i think will happen? hopefully, they will agree on a framework. you are not going to do tax reform in the next 6 or 8 weeks. you are not going to do entitlement reform in the next 6 or 8 weeks. i think what we should hope for, that they get serious together, see a path and say, okay,
Search Results 0 to 11 of about 12 (some duplicates have been removed)

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